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Adaptation Funds Hit Growing Pains
BlackRock, Invesco, and others make slow progress on high-profile investment vehicles

Source: Tada Images / Shutterstock
▶️ Last year, some of Wall Street’s biggest players pledged bold action on climate adaptation, unveiling plans for multi-million dollar funds to finance resilient infrastructure in developing countries. But three months into 2025, reality is biting. Funds are delayed, ambitions are shrinking, and political headwinds are taking their toll.
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